President-elect Joe Biden unveiled a $1.9 trillion coronavirus plan, that speeds up vaccines and pumps out financial help.
The “American Rescue Plan,” would meet Biden’s goal of administering 100 million vaccines by the 100th day of his administration. This would advance his objective of reopening most schools by spring and deliver another round of aid to stabilize the economy.
“We not only have an economic imperative to act now — I believe we have a moral obligation,” Biden said in a nationwide address.
The Biden proposel calls for $1,400 checks for most Americans, and $600 provided
in the most recent bill, bringing the total to the $2,000.
It would extend a temporary boost in unemployment benefits and a moratorium on evictions and foreclosures through September.
The policy aims at increasing the minimum wage to $15 an hour, expanding paid leave for workers, and increasing tax credits for families with children, making it easier for women to go back to work.
Biden's relief package will cost $1.9 trillion, and the stimulus is said to be of the utmost importance, as the U.S. has now seen nearly 23 million total confirmed cases of COVID-19, and 400,000 deaths, with vaccine distribution falling short of its projected speed. The new administration is moving forward in the pandemic.
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